ClearApp, a Sunnyvale, Calif. company that sells application performance management software, will announce tomorrow it has raised $5 million in debt financing from TriplePoint Capital.
ClearApp monitors and manages SOA, portal, J2EE, and complex composite applications.
In June, ClearApp completed a $14.2 million second round of financing led by Sierra Ventures. The latest round brings the total funding amount raised to more than $25 million.
From the statement:
Adoption of service-oriented architectures (SOA) continues to grow, leading Global 2000 companies to increasingly deploy complex applications made up of diverse and rapidly changing components. Optimizing performance of this new class of applications continues to be a top priority. Today, dozens of large enterprises such as Abbot Laboratories, Fidelity Investments, ING, Pearson and Bayview Financial rely on ClearApp’s QuickVision to monitor and manage their mission-critical composite applications.